||13 of 14 people found the following review helpful.| A scholarly, technical account of the South Sea Bubble|By Customer|"The First Crash" by Richard Dale deals with the lessons from the South Sea Bubble of 1720.
According to the dust jacket Dale is Emeritus Professor of International Banking at Southampton University, England. As one might expect, the book contains much technical jargon relating to capital market||"Richard Dale . . . picks a scholarly but readable path through the events that led to the collapse of shares in the infamous South Sea Company in 1720. Only the purblind could fail to draw some important parallels between the events of that year and the bubb
For nearly three centuries the spectacular rise and fall of the South Sea Company has gripped the public imagination as the most graphic warning to investors of the dangers of unbridled speculation. Yet history repeats itself and the same elemental forces that drove up the price of South Sea shares to dizzying heights in 1720 have in recent years produced the global crash of 1987, the Japanese stock market bubble of the 1980s/90s, and the international dot.com boom o...
[PDF.kf65] The First Crash: Lessons from the South Sea Bubble Rating: 4.90 (663 Votes)
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You easily download any file type for your device.The First Crash: Lessons from the South Sea Bubble | Richard Dale.Not only was the story interesting, engaging and relatable, it also teaches lessons.
